by Dan Mitchell | May 28, 2017 | Big Government, Blogs, Government Spending, Health Care
In the Dirty Harry movies, one of Clint Eastwood’s famous lines is “Go ahead, make my day.” I’m tempted to say the same thing when I read about politicians proposing economically destructive policies. Indeed, I sometimes even relish the opportunity. I endorsed...
by Dan Mitchell | Mar 31, 2017 | Big Government, Blogs, Taxation
I sometimes feel like a broken record about entitlement programs. How many times, after all, can I point out that America is on a path to become a decrepit European-style welfare state because of a combination of demographic changes and poorly designed entitlement...
by Dan Mitchell | Mar 24, 2017 | Blogs, Economics, Health Care
I’m flabbergasted when people assert that America’s costly and inefficient healthcare system is proof that free markets don’t work. In hopes of helping them understand what’s really going on, I try to explain to them that an unfettered market involves consumers and...
by Dan Mitchell | Mar 14, 2017 | Blogs, Economics, Health Care
I shared last year a matrix to illustrate Milton Friedman’s great insight about the superior results achieved by markets compared to government. Incentives explain why markets work best. When you spend your own money on yourself (box 1), you try to maximize quality...
by Dan Mitchell | Mar 12, 2017 | Big Government, Blogs, Health Care
A couple of years ago, filled with disgust at the sleazy corruption of the federal Leviathan, I put forth a simple explanation for what happens in Washington, DC. I call it the “First Theorem of Government,” and I think it accurately reflects the real purpose and...
